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Mortgages can feel like double-dutch.

LTV, APR, DTI... it's enough to make your head spin. Let us break it down for you. Dig into our content to learn more about house hunting, first-time buyer mortgages, interest rates and so much more.

Buying a property as a single person

A joint borrower sole proprietor arrangement is the new style of guarantor mortgage that can make it easier for single people to get on the property ladder. Here we explain how it works.

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Is Shared Ownership right for you?

Shared ownership is a government scheme designed to help first-time buyers or people who have previously owned a home but can no longer afford to buy.

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The low down on joint mortgages

Teaming up with friends, family, a partner or spouse to get a joint mortgage can increase your spending power and improve your chances of getting your dream home.

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5 benefits of a JBSP mortgage

There are many benefits of a joint borrower sole proprietor mortgage, especially if you are looking to buy as a single person, or if you are being priced out of the property market in your local area

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What is later life lending?

People are working for longer and looking to the equity in their homes to plug the pension gap, pay off debts, help family, improve their homes and enhance their lifestyles.

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How to buy someone out of a property

Unless you’re the sole owner of your home, you might find yourself facing the prospect of buying someone out of your property. When a marriage or relationship breaks down one person usually keeps the house. To give them their share of the equity in the property and remove them from the mortgage you’ll need to buy them out.

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What you can get in different areas of the UK with Shared Ownership

Shared Ownership is a government scheme that aims to make it easier for buyers to get on the property ladder through part owning/part renting. Here's what you can get in different area of the UK with the scheme.

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Rising interest rates and first-time buyers

The Bank of England increased interest rates for the third time in four months to 0.75% - the highest interest rates have been since pre-pandemic. But what does this actually mean for prospective buyers, and is it as scary as it sounds? Let's dig into it. 

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Brokers vs lenders: what's the difference?

Choosing between a mortgage broker or lender is one of the first decisions you make when looking for a mortgage. We've broken down the differences, so you can make the best decision for you.

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Rising house prices and Tembo's data

We've broken down some of our key stats and facts to show how the state of play for the first time buyers has changed over the years, and how all hope is not lost for those wishing to get on the ladder.

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A new way to hunt for your dream home with Search Smartly

On average it takes between 10-12 weeks for homebuyers to find their dream home, with time largely taken up by trying to narrow their search and make big decisions about what’s most important to them. SearchSmartly’s intelligent property search platform makes it ten times easier for movers and buyers to find the perfect place to call home. 

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Rethinking the Bank of Mum and Dad

A recent report from Tembo has shown that at least half of first-time buyers used help from their parents to buy their first home - but why is there such a taboo around parental support? Can (and should) the Bank of Mum and Dad shake off its bad reputation?

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The essential guide to mortgage protection & life insurance

No-one wants to think about bad things happening, but sometimes they do. Because buying a home is such a big financial commitment, it’s important to have a plan in place to pay the mortgage if you lose your job, you’re too ill to work or you die.

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The benefits of an early inheritance

More families than ever are gifting money to their children or grandchildren earlier than planned. There can be significant benefits, but without careful planning and an understanding of IHT rules, your generous gift could come with a sting in its tail.

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Alternative ways to get on the ladder

It’s tough raising a deposit big enough to buy your first home. In 2020, the average first-time buyer deposit leapt £10,000 to £57,278 according to Halifax. Thankfully, innovative schemes to help you buy a house have emerged in recent years. We’ll walk you through the apps, saving accounts and schemes that can help you get on the housing ladder. 

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The inside scoop on rising interest rates

Bank of England interest rates have risen today for the second time in just three months, from 0.25% to 0.5%. While that might not seem very dramatic, it's the first back-to-back rate rise we've seen since 2004. So, in the world of finance, this is spicy. 

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Our predictions for the housing market in 2022

2021 was a bumper year for the property market. Read on for our recap of the year just been, and what lies in store for first-time buyers and those looking for mortgages in 2022.

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How does getting a mortgage actually work?

Let's take it back to basics with the steps you need to know about how to get a mortgage.

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Mortgages for students

Don't want to spend your university years in a neglected bedsit? Check out our guide to student mortgages.

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Everything you need to know about affordability

Before your bank hands over thousands of pounds for you to buy a home, you must prove you can afford to pay it back. Affordability is being able to comfortably repay your mortgage each month.

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8 facts you might not know about deposits

From the relationship between interest rates and deposit sizes to the difference between your mortgage and exchange deposit, we’ve compiled a handy list of eight things you might not know about deposits.

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Family springboard mortgages explained

A family springboard mortgage allows first-time buyers to purchase a home without any deposit. Your family member or friend either has to offer their savings or a chunk of their property equity as security for your mortgage.

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What is remortgaging and how does it work?

Confused about remortgages? We're here to tell you all about why you'd want one, when is the best time to take one out, how you do it and when you should avoid it.

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The essential guide to Shared Ownership

Shared Ownership has become an increasingly popular choice for those looking to get on the ladder, faster. Confused about what Shared Ownership is, and how it could potentially help you? We’ve got you covered.

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The Bank of Mum and Dad. Everything you need to know.

With house prices rising as much as 10% a year many younger homebuyers are being priced out. The Bank of Mum and Dad is becoming an increasingly popular option to help the next generation onto the ladder. Here's everything you need to know.

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Rent vs Buy. What's right for you?

There are lots to consider in the rent vs buy argument so we’ve covered the main points to help you decide if you should buy a home or rent instead.

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A guide to mortgages for the self-employed

Self-employed and looking for a mortgage? Here's everything you need to know about getting on the property ladder when you work for yourself.

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What you need to know about buying with a partner

If you’re buying a house with a partner or spouse or teaming up with your friend to get on the housing ladder read our top 10 tips on buying your first home with someone else. 

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The essential guide to Help to Buy

Record numbers of people are buying homes through the government's Help to Buy scheme, but does anyone really understand what it is?

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What is a joint borrower sole proprietor (JBSP) mortgage?

With property prices soaring, a joint borrower sole proprietor mortgage is a way for families to help those looking to buy their first home onto the property ladder.

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The top Insta accounts to follow for savvy advice on saving

We’ve rounded up our top 5 budgeting accounts to help you on your journey to financial freedom and home ownership.

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Tembo Insights Report: Jan-Jun 2021

Today at Tembo, we're launching the results of our impact and customer insights report for the first half of 2021. Through analysing the data of 2,432 Tembo users from 1st January to 30th June, a few shocking figures (and some less surprising) emerged.

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Inheritance etiquette: How to talk to your family about money

If there were ever two subjects guaranteed to kill the conversation at a family gathering, it's money and death. We've compiled ten tips, so you'll know how to talk about money with your parents

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What does summer have in store for first-time buyers?

The housing market has been on fire since the start of the year. But what do the summer months hold for first-time buyers?

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What options are there for the Bank of Mum and Dad?

The Bank of Mum and Dad is big business in the world of homeownership. Typically it lends around £6bn each year, making it a top ten UK mortgage lender.

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Buying a house: How long does it take?

If you’re fed up of living in a cramped rented flat or sticking to your mum and dad’s house rules then there’s probably only one question on your mind. How long does it take to buy a house?

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Why your credit score matters when buying a home.

When it comes to buying your first home, your credit score matters. You might think, so what if my online shopping bill is a month overdue or I’ve received a notice from a debt collector.

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12 baffling mortgage acronyms explained.

If you don’t know your SVRs from your APRs, your BTLs from your RIOs and you think a mortgage DIP sounds like it would be nice with some pitta bread, you're in the right place. 

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The low-down on stamp duty for first-time buyers

When you’re buying a home, it can seem like you’re being asked to raid your savings for fee after fee and bill after bill. Let's cover off exactly what stamp duty is, and how it affects first-time buyers.

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Using a Retirement Interest Only Mortgage to boost* your deposit

Tembo's customers can combine a retirement interest only (RIO) mortgage with a regular first-time buyer mortgage.

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Mortgage prisoners: trapped paying up to 9% interest

Mortgage prisoners have been hitting the headlines recently, and for good reason.

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Guarantor mortgages explained.

You will have heard of a first-time buyer mortgage, perhaps also a remortgage, but what about a guarantor mortgage?

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Getting on the ladder in 2021: Difficult, but not impossible.

With property prices soaring, wages stagnating, and millennials the first generation in history that will be financially worse off than their parents, it is no surprise that it’s harder than ever to get your foot on the property ladder.

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What the 2021 budget means for aspiring home buyers.

Yesterday the Chancellor turned the key in his big red briefcase and announced his latest budget.

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